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0 -0.00701934600239691 -0.0287621982537237 0.021537407978086 0.0443417223078239 0.0433145009416196 0.027221366204417 -0.0207156308851224
Stock impact report

Five9 Reports First Quarter 2024 Results

Five9, Inc. (FIVN) 
Last five9, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.five9.com/investor-relations
Company Research Source: Business Wire
13% Year-Over-Year Growth in Total Revenue20% Year-Over-Year Growth in Subscription RevenueGAAP Operating Cash Flow of $32.4 Million SAN RAMON, Calif.--(BUSINESS WIRE)--Five9, Inc. (NASDAQ:FIVN), the Intelligent CX Platform provider, today reported results for the first quarter ended March 31, 2024.First Quarter 2024 Financial ResultsRevenue for the first quarter of 2024 increased 13% to a record $247.0 million, compared to $218.4 million for the first quarter of 2023.GAAP gross margin was 53.6% for the first quarter of 2024, compared to 52.0% for the first quarter of 2023.Adjusted gross margin was 60.8% for the first quarter of 2024, compared to 60.4% for the first quarter of 2023.GAAP net loss for the first quarter of 2024 was $(7.1) million, or $(0.10) per basic share, and (2.9)% of revenue, compared to GAAP net loss of $(27.2) million, or $(0.38) per basic share, and (12.5)% of revenue, for the first quarter of 2023.Non-GAAP net income for the first quarter of 2024 was $35.7 mi Show less Read more
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